ESTIMATION OF CREDIT NEEDS UNDER CHANGING FARM TECHNOlOGY IN MEDAK DISTRICT OF ANDHRA PRADESH
KrishiKosh
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Title |
ESTIMATION OF CREDIT NEEDS UNDER CHANGING FARM TECHNOlOGY IN MEDAK DISTRICT OF ANDHRA PRADESH
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Creator |
PERLA VISWA PRASAD
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Contributor |
PARTHASARATHY, P.B
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Subject |
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Description |
Agricultural finance is a sine-qua-non of agricultural development. Farm credit plays a key role in boosting up and stabilizing growth in a developing country like India, especially · when it is accompanied with improved production technology. In fact, with the break-through in agricultural production as a result of new strategies of agricultural development, farm credit has become more productive than ever before. The demand for credit will be conspicuous on all the farms. The study is related to three categories of farmers viz., small, medium and large and aimed at the estimation of credit requirements under changing farm technology in Medak district of Andhra Pradesh. The main objectives of the study are: i) To study the existing level and pattern of capital structure in the three size groups of farm firms i.e. small, medium and large, ii) To evaluate the magnitude of credit utilization and credit gap at the existing level of technology, iii) To assess the optimum credit needs of the cultivators of different size groups of farms with improved technology, and iv) To test the economic feasibility of the borrowed credit under the existing level and the proposed credit for the improved farm situation. The study was conducted in Nangunur and Dubbak mandals of Medak district, Andhra Pradesh by selecting 72 farmers from six villages three under each mandal. In each village four farmers at random were selected under each of the three size groups viz., small (below 2 ha), medium (2.01 to 4.00 ha) and large (4.01 ha and above) making a total of 12 farmers. Survey method was adopted for the collection of data. Tabular and functio- · nal analysis were employed as analytical tools to fulfil the objectives of the study. From the study it is concluded that the cropping intensity was low due to lack of adequate irrigation facilities. The total value of fixed capital per hectare increased with increase in farm size. The cost of cultivation per hectare increased with the increase in farm size. The per hectare total human labour utilization and expenditure on traction power related directly with farm size. Rental value of owned land accounted for maximum per cent of the total cost. The amount spent on manures and fertilizers and plant protection under existing set up was less. The credit borrowed per farm showed direct relationship with the farm size while the per hectare borrowed credit related inversely. Commercial banks formed the major source of credit to medium and large farms whereas money lenders dominated with respect to small farms. The credit gap per farm showed direct relationship with the farm size while the per hectare credit gap related inversely. Significant influence of credit on gross returns was noticed. The production function analysis indicated diminishing factor returns for all the variables included. Constant returns to scale was noticed on all the size groups. The marginal value product to factor cost ratios indicated inefficient use of resources on all the size groups of farms. The cost of cultivation per hectare due to introduction of a new technology in Typical Farm Plars was more than that in the existing set up. There was substantial increase in gross and net .returns and inputoutput ratios due to introduction of new farm technology indicating the profitability of introducing the new farm production technology. The percentage increase of credit needs due to introduction of new technology was more on small farms. The economic feasibility of farmers based on returns criterion sounded well for all the size groups of farms. The repaying capacity and risk bearing ability improved considerably as a result of improved farm production technology. |
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Date |
2016-08-02T11:52:39Z
2016-08-02T11:52:39Z 1988 |
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Type |
Thesis
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Identifier |
http://krishikosh.egranth.ac.in/handle/1/70501
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Language |
en
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Relation |
D2910;
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Format |
application/pdf
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Publisher |
ACHARYA N.G. RANGA AGRICULTURAL UNIVERSITY, RAJENDRANAGAR, HYDERABAD
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